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re: Every single retailer begging for money at checkout
Posted on 6/10/26 at 6:56 am to UKWildcats
Posted on 6/10/26 at 6:56 am to UKWildcats
quote:
But we shouldn't have to say anything at all. The question should never be asked.
Shooters shoot
Posted on 6/10/26 at 7:05 am to Strannix
If I weren’t spending $75,000 a year in income, payroll, property and sales tax so people can have made up jobs I might be more inclined to give to fake charities.
Posted on 6/10/26 at 7:07 am to BabyTac
quote:
You can easily say no.
quote:
BabyTac
BabyTac gets his revenge on those evil retailers by comitting return fraud
Posted on 6/10/26 at 7:07 am to tigerinexile
quote:
I asked the priest if they using my money to feed illegals crossing the border. He told me when that money went into the basket it was no longer mine. I made sure that my money never went into that basket again.
That's about the dumbest thing that priest could've said. Bad for business.
Posted on 6/10/26 at 7:11 am to Strannix
Posted on 6/10/26 at 7:13 am to jclem11
Doesn't some of the fine print say the business is going to donate up to $250k or some cap to the charity? Looks as if the consumer is just paying the business back. Probably goes to their general fund or the stores Christmas party fund for cookies in the break room.
Posted on 6/10/26 at 7:13 am to jclem11
quote:
Do they get good PR? Sure but they do not get a write off for your charitable deduction. Kroger is merely a third party agent between you and the charity.
Hope that helps stop this disinformation every time this topic comes up.
Well, they do get to claim the cost of taking the donation, such as processing fees, advertising, administrative, etc
Not like that's a windfall but there is some deduction happening on that donation.
Posted on 6/10/26 at 7:30 am to jclem11
quote:
Hope that helps stop this disinformation every time this topic comes up.
My assumption was always that someone high up was on the board or payroll of the non profit.
Sucks you have to question whether altruistic organizations are truly altruistic or just capitalistic.
I work with non profits as a huge portion of my job. I am not a customer service rep (I'm in IT) so don't talk to them real often but when I do, I always try to learn about the different organizations and try to judge whether the people working for the organization are passionate about what they're doing or if they're just taking a paycheck.
Talking to the president of my company, I asked how he decides which charities to donate to. I asked about overhead metrics, or impact or if he has favorite causes. He said he looks for those as red flags but doesn't necessarily disqualify based on hard set numbers. In order for a charity to impact a high number of people, they're always going to have overhead because the smart people that can do that sort of thing cost money and sometimes it's necessary. He looked for the impact the organization is having and specifically how they are helping their cause.
Posted on 6/10/26 at 7:32 am to holmesbr
quote:
Doesn't some of the fine print say the business is going to donate up to $250k or some cap to the charity?
I believe the business matches the giving done by customers up to $X. Not that they're going to keep everything over that threshold. If customers donate $100k, the store will match the $100k but the store has to limit how much match they're going to donate at some point.
Posted on 6/10/26 at 7:44 am to Strannix
quote:
So they can write off your hard earned money as a donation
Yall need to stop with this shite.
That money is not income. There is no deduction to be had. I don't know the exact accounting but I'm assuming it's something like
Dr. Restr Cash
Cr. Donation Account Payable
Then once the donation paid the balances offset.
There's no taxable event. It's essentially an escrow service for random folks.
Even if it was, there are limits to charitable deductions. Just for simplicity's sake, let's say 10% of taxable income (this changes). So if they had donations of $400M throughout the year, and their net income was $780M, they could only deduct $78M of that. But that's moot, because that is not the way it works.
This post was edited on 6/10/26 at 7:50 am
Posted on 6/10/26 at 7:46 am to Odysseus32
don’t confuse them with facts. It gives them a headache.
I always give a few bucks at checkout at pestsmart for shelter animals. And no, they don’t “write it off”
I always give a few bucks at checkout at pestsmart for shelter animals. And no, they don’t “write it off”
Posted on 6/10/26 at 7:54 am to Loup
quote:
I give to St. Jude and to my church every month.
I just googled it and 82-84% goes to research, patient care, and future needs. That sounds pretty good. You can't expect them not to have some operating costs.
There are some good charities out there, St. Jude is one of the few charities that most people can talk to someone who can tell you first hand how St. Jude treated them and handled their situation.
Posted on 6/10/26 at 7:56 am to cgrand
I ask the cashier for a receipt showing my contribution to their charity of the week. I usually get a lost look. Works well for me.
Posted on 6/10/26 at 7:57 am to WhiskeyThrottle
quote:
My assumption was always that someone high up was on the board or payroll of the non profit.
If Kroger is donating to Ronald McDonald and one of Kroger's Executive is on the board of Ronald McDonald, if they are donating any material amount, there should be some sort of disclosure in Kroger's FS if it would make a meaningful impact to people who use the FS.
Audits look for that stuff.
Do they do anything about it if that is the case? Not really, but the point isn't to stop them, it's to be transparent about it. Testing related party transactions is a very standard part of an audit specifically so things like that can be disclosed for folks who want to invest in companies.
Could it be overlooked? Sure. Is it? I have no idea.
Even so, you can keep going with financials. If you're that concerned go read Ronald Mcdonald's financials and look at their board.
This post was edited on 6/10/26 at 8:02 am
Posted on 6/10/26 at 7:58 am to Twenty 49
quote:
I am also tired of the corporate bumming.
I pay my Entergy bill online and every month they ask for a donation. I am not against donating to a worthy cause but I sure as hell do not need a utility company, especially Entergy, to do it for me. I trust them with my money about like I trust Hunter Biden to pass up a crack house.
Posted on 6/10/26 at 8:13 am to BabyTac
quote:
You can easily say no.
Sure, but people are sick of every necessary interaction being turned into an opportunity to squeeze more money out of you (charity donations, airplane fees, tipping for counter service, etc) and/ or get more of your personal info so they can bother you with ads.
Posted on 6/10/26 at 8:43 am to Strannix
Preach.
Just finished complaining about this yesterday.
No cocksucker, I won’t donate so you can save on your taxes. frick you.
Just finished complaining about this yesterday.
No cocksucker, I won’t donate so you can save on your taxes. frick you.
Posted on 6/10/26 at 8:45 am to blueboxer1119
quote:are you blissfully or willfully ignorant?
No cocksucker, I won’t donate so you can save on your taxes. frick you.
Posted on 6/10/26 at 8:50 am to Strannix
I do the round ups for charities because I also have an Acorns account that does whole dollar roundups. So a little change for the charity and a dollar in an investment account.
Posted on 6/10/26 at 8:52 am to Strannix
I don't do guilt. And NO to Subway. I'm not tipping you for making a sandwich that you've begged me to come in and buy. GFY
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